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CAP2 Financial Reporting Notes

CAP2 Financial Reporting Notes for Chartered Accountants Ireland students preparing for the October resit window. Print + Reader + Tutor is €54.99 per module, and Reader access is €9.99 with instant delivery.

Digital access available Digital access available Printed packs available Last updated May 2026

Limited-time offer: Print + Reader + Tutor is €54.99 per module. Reader-only access is €9.99 and delivered instantly.

What These CAP2 Financial Reporting Notes Cover

This pack helps students move from knowing standards to applying them. It covers recognition, measurement, journals, disclosure, single-company accounts, groups, and the recurring judgement calls in CAP2 Financial Reporting.

  • Core IFRS and IAS standards, recognition, measurement, presentation, and disclosure.
  • Journals, deferred tax, leases, financial instruments, EPS, cash flows, and single-company accounts.
  • Groups, consolidations, associates, joint arrangements, business combinations, and goodwill.
  • Exam technique for choosing the standard, building the adjustment, and explaining the treatment.

Coverage areas

Core IFRS StandardsJournals, Disclosure & PresentationCash Flows & Financial Statement PreparationGroups, Consolidations & Business Combinations

Who This Pack Is For

This CAP2 Financial Reporting Notes pack is for CAI students who want serious study notes with enough depth to learn the subject and enough structure to revise quickly before the exam.

  • CAP2 students preparing for the October resit window with focused printed notes and instant Reader access.
  • Repeat or resit students who need a clearer route through the subject before the autumn exam window.
  • Students who want concise exam-focused notes instead of broad textbook sprawl.

How To Use These Notes Before The Exam

  • Use the CAP2 Financial Reporting long-form notes first to close technical gaps while preparing for the CAP2 resit.
  • Move into the mastery notes for examiner traps, common weak answers, and the points that usually decide marks.
  • Use Part A for frameworks, route maps, calculation structures, and fast exam recall.

What's inside the pack.

Each ACA Notes module is split into three practical parts. Part C teaches the subject, Part B turns it into exam-ready competency notes, and Part A gives you the tools for final revision and exam execution.

Part C - Long-form Notes

Part C — Learn the subject

IFRS standards, recognition, measurement, journals, disclosures, single-company financial statements, cash flows, groups, associates, joint arrangements, foreign currency, and business combinations are taught as the technical foundation of CAP2 FR.

  • Builds the technical base across IFRS, journals, disclosures, cash flows, and groups.
  • Teaches recognition and measurement as applied reporting decisions.
  • Preserves enough detail for both single-company and group questions.
Part B - Mastery Notes

Part B — Turn knowledge into exam judgement

The material is reorganised around reporting application: choosing the relevant standard, deciding the treatment, building the journal, identifying disclosure points, and moving from a fact pattern to a financial reporting answer.

  • Focuses on standard selection, treatment decisions, journals, and disclosure.
  • Turns technical coverage into exam-ready application.
  • Targets recurring weak points in CAP2 FR answers.
Part A - Exam Desk

Part A — Execute under exam conditions

The tools focus on FR execution: standards reference cards, disclosure checklists, decision frameworks for recurring treatment calls, goodwill and consolidation skeletons, deferred tax workings, lease and financial instrument routes, EPS and cash-flow skeletons, and integration maps.

  • Includes standards cards, disclosure checklists, and journal skeletons.
  • Provides goodwill, consolidation, deferred tax, lease, EPS, and cash-flow routes.
  • Supports fast issue routing and clear workings.

Free Sample of CAP2 Financial Reporting Notes

Request a free sample of these CAP2 Financial Reporting Notes before purchasing. We provide a substantial sample where available so you can review the structure, tone, and depth before choosing printed notes, digital access, or print + digital.

See all ACA Notes free samples →

CAP2 Financial Reporting Notes FAQs

Are these CAP2 Financial Reporting Notes for Chartered Accountants Ireland CAI exams?

Yes. CAP2 Financial Reporting Notes are built for Chartered Accountants Ireland (CAI) CAP2 students and are written around exam-focused application, not generic college notes.

Are CAP2 Financial Reporting Notes useful for final revision?

Yes. The pack is split into long-form notes, mastery notes, and exam-desk tools so you can learn the subject, revise the high-value points, and practise the exam move before the sitting.

What format can I buy for CAP2 Financial Reporting Notes?

CAP2 Financial Reporting Notes are available as printed notes, Reader access, or a Print + Reader + Tutor pack. The complete pack is €54.99 per module, and Reader access is €9.99.

Is there a free CAP2 Financial Reporting Notes sample?

Yes. You can request a free sample before buying so you can inspect the structure, tone, and level of detail. Use the sample button on this page or the ACA Notes free samples page.

How quickly can printed CAP2 Financial Reporting Notes be delivered?

CAP2 Print + Reader + Tutor packs are €54.99 per module, with tracked delivery for the printed pack. Reader access is delivered instantly.

What Students Say

I honestly found FAE Core so hard to get my head around at the start because it covers such a mix of topics. These notes made it all feel a lot more manageable. They helped me tie together strategy, leadership, risk, sustainability and the data side of things in a way that actually stuck.

Rikki T. · FAE Core · Summer 2025

What I liked most was that the notes did not feel overly academic or dragged out. FAE Core can get overwhelming quickly, especially when you are trying to cover things like governance, risk, AI and business strategy all at once. These notes made it much easier to manage.

James B M. · FAE Core · Summer 2025

I used these notes when I was struggling to bring my answers up to FAE standard. They helped me think more commercially and link different parts of the syllabus together instead of treating everything as separate topics. The real world examples were really great too.

Matty F. · FAE Core · Summer 2025

Pack options

Pack options

Limited-time offer: Print + Reader + Tutor is €54.99 per module. Reader access is €9.99.

Refund policy applies — see terms. Full details →

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